Why Top Investors Are Buying Taiwan Semiconductor (TSM)

According to their latest 13F filings, institutional investors made a series of notable moves in Taiwan Semiconductor (TSM), reflecting conviction around the company’s leadership in semiconductor manufacturing and its pivotal role in global technology supply chains. TSM’s dominance in advanced chip production continues to attract some of the world’s most prominent hedge funds and asset managers.

Let’s examine some of the most notable changes:

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Appaloosa LP (David Tepper)

• Shares: 1,025,000
• Change: +755,000
• Value: $0.23B
  David Tepper dramatically increased his stake in TSM, tripling his position, highlighting his bullishness on the semiconductor giant’s long-term growth.

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Tiger Global Management LLC (Chase Coleman)

• Shares: 4,578,374
• Change: +336,900
• Value: $1.04B
  Chase Coleman’s Tiger Global added further to an already substantial holding, reinforcing confidence in TSM’s scale and importance to the AI and computing ecosystem.

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Maverick Capital Ltd (Lee Ainslie)

• Shares: 1,760,017
• Change: +301,881
• Value: $0.40B
  Lee Ainslie’s Maverick Capital meaningfully increased its exposure, aligning with the broader hedge fund community’s conviction in semiconductors as secular winners.

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Duquesne Family Office LLC (Stanley Druckenmiller)

• Shares: 765,085
• Change: +166,305
• Value: $0.17B
  Stan Druckenmiller boosted his TSM stake by over 20%, underscoring his view that the stock remains a core beneficiary of the AI and digitalization wave.

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Grantham, Mayo, Van Otterloo & Co. LLC (Jeremy Grantham)

• Shares: 169,374
• Change: +21,369
• Value: $0.04B
  Jeremy Grantham made a modest add, signaling incremental confidence in TSM’s fundamentals and global moat.

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Pzena Investment Management LLC (Rich Pzena)

• Shares: 42,551
• Change: +1,030
• Value: $0.01B
  Rich Pzena’s value-focused fund slightly increased its position, staying consistent with his contrarian deep-value approach.

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Gotham Asset Management, LLC (Joel Greenblatt)

• Shares: 1,989
• Change: +235
• Value: $0.00B
  Joel Greenblatt inched higher, maintaining a very small but positive allocation to the chipmaker.

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Davis Selected Advisers (Chris Davis)

• Shares: 7,200
• Change: New Position
• Value: $0.00B
  Chris Davis initiated a new position in TSM, adding the company to his stable of high-quality global holdings.

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GAMCO Investors, Inc. (Mario Gabelli)

• Shares: 3,095
• Change: New Position
• Value: $0.00B
  Mario Gabelli’s GAMCO also opened a fresh stake, albeit small, signaling recognition of TSM’s strategic value.

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Conclusion
Taiwan Semiconductor continues to attract interest from leading hedge funds and asset managers, with major adds from David Tepper, Chase Coleman, Lee Ainslie, and Stanley Druckenmiller underscoring Wall Street’s conviction in its pivotal role in advanced chip manufacturing. The overall pattern is clear: institutional buyers are leaning heavily into TSM as a long-term winner in the semiconductor industry.